CORRECT on". all occasions
VULCAIN
SWISS MADE
Oil Crisis Latest
Doubts About Iran's Offer
Teheran, July 26. Mr W. Averc}! Harriman and the British Ambassa- dor, Sir Francis Shepherd, tried to find out tonight If the new Iranian offer to negotiate may really mean a break in the bitter dend- lock of oil nationalisation.
President Harry Truman's personal trouble-shooter and Sir Franels both kept busy call- ing on governmerit and political leaders pin down the exact nature of the offer to Britain. Mr Harriman met with Iran's Oll Board.
The latest move followed Mr Harriman's statement that he is hopeful the two countries will negotiate again and start the flow of oil from the Abadan re- finery.
The British Cabinet in Lon- don was considering Iran's offer
Close Of Play Test Score On Page 6
Fair.
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Murder Plot: BRITISH GOVT CLAPS CONTROLS Kaesong ON SHAREHOLDERS' Dismembered Body Found
8 To Die
Addis Ababa, July 20.
Eight *men were sen- tenced to death hers to- day for plotting to assaE- sinate the Emperor, Haile Selassie, and set up an Ethiopian Republic.
The seлence was pro- nounetd by
special Tribunal after a two-day trial held in camera,
The arrest of the eight men, who included A Minister of State, was re- vealed on July 0.
The Minister
Stats -- to the Prime Minister's Office www.la Bliwoden Negaali formerly President of Par- Hament.
of
They were reported on July 10 to have pleaded guilty before the Emperor and to have asked for par. don-Reuter.
France Still
Without Govt
Parls, July 20,
to renew talks broken off a The Secretariat of the Pre-
DIVIDENDS
Applicable For A Period
Of Three
Years
London, July 26.
Britain's Labour Government today clamped down controls on shareholders' dividends in an emergency move to halt infla--) tion.
Companies will have to peg their dividend payments at the average of what they distributed in the last two years. This will
Progress
By Monte Carlo Police Pleases
Monte Carlo, July 20,
The remnants of a pair of slacks found on a dismembered woman's body near here are of the same material as those worn by Mme. Maria Smigly-Rida, missing widow of the former Polish Marshal, one of her neighbours sald today,
Monte Carto police, searching the missing woman's flat, found another pair of slacks of the same type and make.
The police said here today that they had not discarded the theory that the body, which was found in a sack at Cros d'Utelle, was that of the Marshal's 57-year-old widow,
The police also formă today that before her disappearance Mme, 8migly-Eids had pledged jewels with the Monte Carlo official pawnbroker, Acquaintances thought that she wIN trying to raise money to give to Polish refugees,' — Reuter,
Egypt
ensure that dividends will not soar during the three years of the Suez rearmament programme.
Announcing the new measure in the House of Commons, Mr Hugh Gaitskell, Chancellor of the Exchequer, said he hoped that the curb on month ago but delayed deciding eldent of the French Republic, dividends would lead workers to accept "reasonable restraint" in asking whether to accept, pending a M. Vincent Auriol, tonight an- for higher wages. report from Sir Francis.
nounced that the President had decided to consult all parties, Indicated he may have succeeded including
Goullists and the In getting Iran to modify its the Communists, and would interpretation of the nationolles-receive groups of their delegates tion law.
successively until midnight and again tomorrow
morning, to solve France's
present Cabinet
Mr Harriman's statement
Mr
STILL INSIST
Harriman Iran's message
transmitted crisis. to London
on
nationalisation law before dis- cussion can start on a working
tribution.
Earlier M.
1---Wages. Senator Matine Daftari, Pre- 2-Aid for Church schools.
Mossadegh's mier Mohamuned son-in-law and a member of
May
cent in
trade movement, whose leaders have
control.
12-
Stands Pat On Canal Blockade
Flushing, July 26.
Egypt today indicated before the United Na- tions Security Council that it would maintain its present blockade of the Suez Canal until a peace treaty is signed with Israel.
The Security Council convened to debate the Suez case and the Council President, Sir Gladwyn Jebb of Bri- tain, invited representatives of Egypt, Israel and Iraq to take places at the table. Iraq, although not directly in- volved in the dispute, had requested the right to partici-
40,000 Cards -He's Just
A Beginner
BUT FINGERS ARE KEPT CROSSED
Washington, July 26. American' officials today welcomed the success of the first stage of the Korean armistice talks but kept their fingers crossed on the new stage of nego tiations for an actual cease- fire.
Authorities noted that the United Nations had taken stiff negotiating position on two points. In the preliminaries and apparently won on cach.
The first gamble was taken on getting the Reds to withdraw armed guarda from the
Im- mediate area of Kaesong.
The second was on the troop withdrawal issue which threat- ened to end negotiations.
The fact that the Com-
munists backed down twice was that they might be willing to follow through a. bona fide
accepted as temporary evidence
armistice.
However officinis said the Communist intentions would be disclosed more fully in the important negotiations now under way. They, sald the aldes were for apart оп the instics of a demilitarised zone and polleing Korea after the armistice.
two
Senators generally welcomed the Kaesong agenda agreement but stressed That it marely meant the two sides had decided what they would talk about. Senator Alexander Wiley said the agenda agreement was "Just a hope of better things to come”.
Senator H.
H. Alexander Smith said achievement of an agenda
a step ahead, but
Iss we've just begun to discuss. issues
Senator Theodore Green said: "We must be prepared for many. patient in all our dealings with other developments and bo
He added that our enemies." there had been general,
Mr Gaitskell said that there would probably be 'a deficit in the Sterling area's gold and dollar reserve in the next few months, "possibly quite a substantial one."
The Government would review the dollar import programme and cut spending where this could be done without damaging long-term interests.
a debate in apply to companies distributing 18,000,000-strong He was opening
union Commons the House of
on less than £10,000 gross. Pail Reynaud Britain's economiic position,!
The Treasury would, in ex- Bald they cannot restrain wage pate. Tuesday offering to negotiate had seen the President to in- rising prices and the danger of ceptional circumstances, allow a demands unless uncorned with a British mission. Detalls
form him that he had aban-inflation.
The Council session was one dividend to be raised but only comes are curbed. of the offer were not disclosed.doned bis attempt to form a
in very special enses.
of the best-attended in a long Background to the debate was
The control But Iran's Qit Board met 16-French Government. After M.
will be enforced time. All delegations brought Mr Gaitekell said that limita- in the Autumn. a trade gap of £554,000,000 in a spokesman said his Reynaud left the Elysee Palace, the first half of the year. day and
Largo stafs of advisers. The tion of dividends would check
zaid that Stockbrokers country still will insist that President Auriol
the Egyptian delegation was rein- inflation In saw M.
In share values follow dividend Companies
observe at present
curb
had confirmed forced by the arrival at noon Britnin must accept the Edouard Herriot, the President voluntary limitation of diving on higher dividends.
their worst fears. of the National Assembly..
today from Cairo of a military dends as part of the Govern- He hoped that this control of
It is.
a black day for
the expert, Colonel Mahmoud Rind. M. Reynaud has told a meet-ment's anti-inflation policy of dividends and certain measures City" sald
на оне,
of the Egyptian delegation agreement to get the oil flowing ing of his moderate Conservative pegging wages and profits. of price control, which he an
The prices of all shares re-
to the Mixed Armistice Com- ngain.
colleagues and allies that he
Mr Galtskell said that profitsnounced, would lead workers
gistered in Britain were ex- mission. In principle, Britain bas ac- would ask the President to in- bad increased by 10% to accept reasonable restraint in pected
per
to fall sharply as soon Israel asked the Council to ownership cepted Iranian
of vite Parliamentary leaders to
In demands for increased wages. in April, 13 per cent
per- the oil fields and Abadan re-jadopt a joint polley on the two
A continuation of the rate of as the London Stock Exchange instruc! Egypt to cease,
London, July 20 and over 10 per
unconditionally, woge
manently and finery, but objects to Iranian main disputed questions of the
increases of last winter opened tomorrow...
All companies. distributing its Suez Canal blockade and
Mr John B. Brown, of Sedles- control of operations and dis-siny:
Control would apply to all might do serious damage to the
more than £10,000 gross a year appealed to the Council to rule Sussex, claims to be the world combe Road South, St. Leonards, companies, public and private. stability of the country's econo-
will be affected by the dividend on whether stato of war It would apply during the rearm-my, Mr Gaitskell said.
existed between Israel and champion collector of smokers The nation has been withoutament period, which would be
had Earlier, Mr Galtskell
A simple explanation would Egypt.
¡ Interests, including cigarette than defined as three years for each warned Parliament that the cost be the case of a rubber com- a Government for more the oil board, told newsmen it two weeks since the general company would be placed on ther though not so steeply in
Opening the Brst round of cards. of living would rise still fur-
pany which paid out 10 per
debate would not interfere
the Council
on what with the
cent in 1949 and 50 per cent in election. The hunt for a Pre- A limit "technical aspects" of the cil
may prove crucial United mler has been confned
the gross amount of dividends to the next half year to the
1030 when rubber prices went as in the
tions Intervention in drilling and refining if London
distributed other than fixed last few months, Centre parties, which so far re- be
Under control, it can up. admits the authority of the
only deteriorating Middle East silu a beginner. fuse
rate dividends.
He was in principle against pay a maximum of 30 per cent tion, the Israeli National Oll Company, Iran's fuse to co-operate with either of
delegate, increasing Government subst-regardless of how much It earns Abba Eban,
charged that the Mr Brown has a collection lo Anglo-Iranian Oil Company-new Assembly,
dividends dies now running at £400,000,- or is able to pay.
Egyptian blockade violated the end collections. It contains: and the Com- Į distributed for the last two ac Associated Press,
Mr Galtskell had two warn Suez Canal convention of 1888 000 a year but if a very slight munists, who are second-Reu-counting periods of the company increase would secure generalings for the nation, observers
as Israeil Egyptian well
A library of of 150 books ter.
for which before July 27, 1951, agreement on measures of In- pointed out,
armistice agreements and In-dealing with the uses of to- a-Anal-dividend had been paid tornal stability he would re-.
ternational Lew provisions bacco, its history... and verses. or declared or announced. consider this attitude.
1—I wages continued to rise
freedom of the for smokvers.. For companies which had Mr Gaitskell also announced at last year's rate, there might guaranteeing
be serious damage to the na-
A smokers' museum of 131 paid no dividend or an abnor-that the Government was con-
tion's economy. mally low dividend there would sidering an extension of price
instructs pipes, including meerschaums, to start a legal crack down on U.N. Advance Base,
2 The cost of living would be an alternative standard of control of goods. July 27.
Ave per cent of the relevant He said that the Food Mints- go up still further, but not as me to declare that Israel is in china, glass and pottery pipes Communist Party activities here last few no state of war with Egypt and from all over the world, antique because they were becoming s as In the
the Mr delegates
and arrived 01 capital paid-up share capital.
Maurice Webb, was steeply
denies that Egypt has the lenat vesta-match hokiers, snuff-boxes "threat Kuesong at 0.35 (local time). CHECKING INFLATION
security of Iran”, - against price controlling highly months. Reuter.
right to be at war with Israel," and pipe-lighters.
Tho The cease-fire negotiators sd-
Independent For
deputy, which perishable foods—about one- new companeis
he said.
A collection of about 12,000 Jamal Emam!, urged legal ac- journed their Friday meeting need to raise more capital the third of all foods but he was
told the Council the
matchbox labels, at 11.15 a.m. They will re-standard dividend would be considering controlling the price
tion against the Tudeh Party's' and hostile" prae-· convene tomorrow
Nearly 174.000 cigarette cards, activities, He said they were at 10 a.m. seven per cent of the relevant of other groceries such as fam
of the Suez blockade was including 2,277 complete United Press.
Capital. Control would not and breakfast foods. This,
sets threatening Iran at a time when international quer. from 23 different countries. the nation was fighting econo- would ensure that there was no
tion" and not a complaint of profiteering at any stage.
Mr Brown's amolding collec-mic strangulation resulting from Hmlied Lopographical деоре 'similar to others which have on is worth about 20,000 paralysis in the rich all fields.
-United Press.
successor to the British owned with the most deputies in the the average of the
the extremes-the Goutlists, Normally, the limit would be
JET PLANE TO BE KAESONG TALKS
MASS PRODUCED
London, July 20, Britalys new top-secret P-1067 inter- superjet Hawker ceptor, which is claimed to be tho "world's best fighter plane," will go into mass pro- duction Immediately for the Royal Air Force, it was an nounced tonight.-United Press.
UN
ADJOURNED
COMMENT OF THE DAY
Molotov's Veiled Threat
WHEN Russian Communist Im- Wperialism is checked or mated at
of
one point it bursts out at another. After Eastern Europe came Czecho- slovakia; after Czechoslovakia came Korea. Now, with cease-fire negotiations at Kaesong well launched, the question is being asked, in some quarters where next? The answer could be any one of half a dozen danger spots. It may well be: Yugoslavia,, Attention has been drawn again this week to Marshal Tito's regime by the veiled threats. uttered by M. Molotov, the Soviet Foreign Minister, in a. speech in Warsaw. M. Molotoy warned Marshai Tito that the latter would not be able to maintain power "by means bloody terror" for long. In another reference to the Belgrade Government he declared "The people of Yugoslavia will find the road to freedom and elimination of the Tito Fascist regime." Outbursts against Yugoslavia in the Russian Press and radio have long been a commonplace; but. It is unusual for a Russian leader of the stature of M. Molotov personally to attack Tito, This could be ominous,.It could also merely be another incident in the war of nerves. Yugoslavia undoubtedly. stands in danger. Russia's satellites- Rumania, Bulgaria and Hungary- have expanded their armles vastly beyond the treaty limits and stand. poised, ready to pounce at a word from the Kremlin. The propaganda barrage against Yugoslavia has been intensified and frontier incidents, havo
become more frequent. Such
pre. monitory rumblings heralded the Korea They went thunderclap last June. unheeded, then, but they are not being That Britain, the ignored today.
not
more
United States and France are unaware of the danger has been shown by the loans granted to Tito and the promise of American arms. Something would seem to be in order-a joint British-American-French declara- tion that they will not allow an attack on Yugoslavia to go unchallenged, Peace can best be served by warning would-be aggressors of the conse- quences of their acts before they make them that is a lesson which has been learned by our generation in bloodshed and bitterness. Yugoslavia is still as Communist a country as Russia, and the Western powers are not concerned -with upholding Titoism against even to fight Com- munism as such. But, as members of the United Nations, Britain, the United States and France are pledged to resist unprovoked aggression on the Adriatic or anywhere else. If they were to refuse help to Yugoslavia in case of attack they might as well hand Europe to Stalin on a plate without more ado. It cannot be sald definitely that Russia plans an attack on Yugoslavia, directly or through her satellites, but speeches such as that of M. Molotov this week are in the nature of a forewarning, and to be forewarned is to be forearmed.
Stalinism-or
ter
CREDIT POLICY
Mr Gaitskell said that he had asked the banks to tighten up their credit policy.
Ho
Bank advances had been in- ercasing in the past year by about 10 per cent compared the previous year. thought it was time for a rather tighter check. The banks would restrict any extension of credit for all but the more essential purposes.
to
Appealing to the miners produce more coal, Mr Gaitskell said that
in the first that exports Ave months were 2,500,000 tons
0,750,000 against
tons in
the Canding months of 1950.
of these exporta wen!
South Africans On The Way To Big Total
The South Africans made an impressive start when they won the toss and batted yesterday in the fourth Test match at Leeds,
At the close of play they had scored 288 for the loss of three wickets. Eric Rowan batted right through the-day for 160 not out.
Salary Cut
to Western Europe upon whom Move Defeated Britain depended "for
凹
sens.
£1
NO STATE OF WAR
government "My
Ho
Na-
the
on various occasions within context of the ar- mistico system."
Mehmoud Fawzi Bay of Egypt, speaking to the Council Immediately after Mr Eban, de- clared that the armistice should not be confused with a state of
because
there pence
clearly were no pence treaties pigned, and he contended that under the full circumstances Egypt had right to search and inspect Sucz traffic in the interests of her security,
Fewzi Bey then charged that Israel behaviour was not con- ducive to termination of a legal state of war and "lo the con sequent possibility of doing away with measures which are the subject of the present dis- purte and which Egypt Is both impelled and legally and pollu cally Justified to take".
many absolutely vital to her industry-timber,
wood pulp,
Washington, July 20, pyrites and the bulk of the The House, by a standing vote of 171 to 81, today de- Imported on ore which was needed for steel production. feated a Republican move to Unless Britain could export cut off the salary of Mr Dean
EGYPTIAN CHARGES coal she risked losing these im- Acheson, Secretary of State, In portant supplies.
He accused Israel of not him out of hopes of forcing .
not in his reference to a probable once. Only
nice,
two Democrats respecting the armistice, dollar deficit in the third quarter were observed to stand up in carrying out the United Nations' of this усат, Mr. Gaitskell said
favour of the "get Acheson" resolutions and refusing to allow that Britain would be buying rider to the appropriation and turn to their homes or receive
Palestine Arab refugees to bill exceptionally large amounts of for the State, Commerce dollar imports in that quarter Justice
in
Departments. A score compensation for
property.
Senate Approves Promotions
Ho
21
2100,000,000 – more than in a of more Republicans joined the said the record clearly showed ormal quarter.
Democratie majority to defeat that, since the signing of the But the fourth quarter should the long-planned manoeuvre armistice: not be so unfavourable, though after an acid debate.—United ·
1. "Iersell armed forces - ས་ he thought it
2 unlikely
that there Press.
tegally occupied Bir Qattar."
2. "Imell, would be a dollar surplus.
by aeroplane Mr Gaitskell said that the
mids and otherwise, expelled thousands of Palestinian Arabs problem of the rise and fall of raw materials the price of
from Innell-controlled, territory could only be dealt with by
lato the demilitariced zone International action. Experience
between Egypt and Israel and showed that sharp rises were
the frontiers into always
followed by nearly equally sharp falls, which could
The Senate Armed Service Egyptian
Fawzi said he hoped the have
very serious economie and Committee today approved the Council would not "again fall" political consequences.
promotions of two top] Anny | to appreciato sumciently. Arab GESTURE TO UNIONS....... offloers to the four-star rank of interests in Palestine. Mr Galtakell's move was con- full general. The officers are The Council adjourned until sidered by observers to be more - James van Floot and next Wednesday, to give dele significant politically than Anat. Lt-Glen Alfred / Gruenther rates time to study detalle cially in effect a gesture to the tinted Pros
United Press,
Washington, July 20
Mr
to understand that the Korean
fighting showed that the United He dismistos 0
John (States and Its Allios had not Bartlett, of New Zealand, who established that they were will has a 40,000 card. collection as Ing to pay "Ilfe and treasure” to
stop aggression.-United Press,
London Express Service,
#
Outlawing Of Reds, Demand
Teheran, July 20. Parliament was urged today
20
'peace
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